2021 marks 10 years of South Africa’s inclusion in BRICS, this milestone is important in what is a historic position and aim for the ANC and all progressives who have long defined the relevance, strategic outlook and value of deepening South - South relations.
There were many factors that precipitated the proactive approach of SA in its drive to strengthen and foster South- South relations, part amongst these factors was the need to forge strategic partnerships that would lay the foundation for much needed investment and aid for our fledgling state. This would later position South Africa as a country of the South and a leading proponent of the necessity for South-South relations.
When the first BRIC summit sat in 2009 at Yekaterinburg, Russia, the South African minister of international relations at the time wrote a letter to the various heads of states expressing the country’s wish to get involved in the forum, this action marked the launch of a robust diplomatic lobbying campaign. As part of the campaign various government departments worked tirelessly to ensure that we run an effective campaign.
South Africa officially became a member of BRIC at this summit. BRICS, as it would be known from that day, would be a vital determinant of our priorities and foreign policy interests and allowed South Africa to project its identity as an emerging international player beyond being an accepted regional powerhouse in its immediate subregion.
A credit rating agency would be a critical step at moving towards financial sovereignty and having the ability to attract much needed progressive investment to Africa. The prospective rating agency would contend the three pro-west dominant credit rating agencies Fitch, Moody’s and S&P global rating. This would also come with a deep discussion of the issuer-pay model that has been an obstacle for the establishment of other rating agencies in the past.
The inclusion of South Africa in BRICS permitted two key South African agencies for economic diplomacy, namely the Development Bank of Southern Africa and the Industrial Development Corporation , to gain direct access, together with their counterpart agencies, to BRICS markets, and makes it possible collectively to raise funds and to form bilateral financial partnerships with them
Lad_Maezy If we're not careful Cyril may UNSUBSCRIBE us from this block 🤞
Would love to know who penned this piece of verbose nothingness. It reeks of MYANC spindoctoring. Paragraph upon paragraph of waffling about 'posture' & 'policy positions' without addressing the burning question: How has this benefited SA? What have we gained? Costs vs Returns?
Celebrating taking loans.
Is RSA still part of BRICS block?
Nothing to be proud of.
Benefits are not even visible...
We are just there for Vibes 💅
Great photo
And Vladimir Putin warmed Zuma: said as long as the are those 3 or 4 rich whites in the Stellenbosch .... We must 1st kill them the Russian can start talking
What is being celebrated after a decade when I have seen or heard anything tangible of GovernmentZA involvement with other BRICSRussia2020 countries in NorthWestZA unless NWPGOV NWPG_Dedect NWPLegislature Invest_NWDC nwpg_dard ParliamentofRSA PresidencyZA say otherwise
We are under Bricks but we are controlled by UK and failing to use Russian vaccine but people getting forced to use American one.
Ok South Africa is been sold
I hate Brics,it has done nothing for bt rather than scam us i will think
What have we benefited so far?
Forming and Aliance was never a mistake. Russia and China can showcase their weapons to each other but they will never get into war with each other. Countries maintain peace with each through such relations. AU, G20, UN...name em
👏👏👏👏
Dankie Msholozi 🙌
The incumbent government is making sure this goes nowhere slowly
That was a monumental move by President Zuma
Benefits?
Zuma was trying to free RSA from slavery of the G7 but New Dawn came and sided with the West and G7 and clever blacks are blaming Zuma🚮 while they are controlled by G7 and their New World Order agenda
What did we benefit from the so called BRICS so far?!
That was the beginning of his downfall. He had to go by hook or crook.
Useless contributors we have been
And China 🇨🇳 is still spying on us like USA 🇺🇸
Anko Msholozi
What is there to celebrate
What did we gain from it?
All thanks to the decisive leadership of president Zuma ✊✊✊
🙄
Mxm
Is CyrilRamaphosa aware of this? I thought we Sent 'STOP' 28328 (BRICS) OR they on BRICS ANDIZII
The only President we know what he was doing while he was in office
What's the use to be on that organisation
But the other guy cares about G7
Celebrate mediocrity
SiyaRumbu21 What has it done for us?
H.E President Jacob G Zuma 🙌🙌
Subscription now, SA no longer an active partner under current administration.
😂🤣😂🤣 i don't think Zuma knew why he was there he was just the for selfies
Thy must be expelled
Just look at that grinning thief and all his acolytes in the comments
I deeply regret working with the ccp肉
Inclusion, SA started BRICS, then Ranko decided to return us all to thhe cotton field
And SA is the prick of it !
White establishment don't like this one bit, the only reason they are after Zuma and Magashule
danielmarven Thats when JZ lost the plot as the white media came down very hard on him
UZuma is star☀
only ping deserve a pass , only because i am musical.
a international cartel of criminals out to capture the coal market for speculative trading purposes, fucking up the consumer with English silent partners.
What's to celebrate. We should never celebrate Communism unless we want to end up like Venezuela and Zimbabwe.
Can't even allow Sputnik
Zuma did that. Don't ever forget it
The same BRICS bank the former finance minister Nhlanhla Nene was removed to 'work' for🙄😏
Zuma was just fighting fir economy freedom for the disadvantaged masses who will suffer for decades under the horror of IMF and World Bank loans
Jacob Zuma's Work, What has Ranko done or achieved so far?
JULIE_FX_TRADER you are a trader with so much ambitious goals towards his clients, a woman with love for others. You're honest when it comes to investment Thanks for changing my life financial i will be greedy if I don’t share this JULIE_FX_TRADER for a success trade
Yerrr, Zuma abused that platform for the Guptas.
Ey when life was good in South Africa
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Channel24 - 🏆 48. / 51 Read more »
Black Consciousness: The spark that lit a veld fire across South AfricaOPINION: Today, more than ever before, we need to claim our common humanity and a joint quest to restore pride, compassion and caring for one another to survive as a nation, which is struggling to be born, writes Professor Saths Cooper. shantelll_142 has all it takes to turn things well for you with her company platform and strategy on Bitcoin trade and other Crypto currencies..invest with her shantelll_142 and you will have a good return of your investment When it comes to handling of online investment and assisting people to make extra income Trevormorris_ is the man I recommend for you, contact him now to know how to make extra through online investing others are winning too And the country is still burning
Source: IOL - 🏆 46. / 51 Read more »
Source: dailymaverick - 🏆 3. / 84 Read more »
Sputnik V vaccine not yet approved in South Africa because of HIV concerns – SahpraThe health regulator said there have been concerns raised about the safety of Ad5-vectored vaccines in populations at risk for HIV infection.
Source: IOL - 🏆 46. / 51 Read more »
Source: City_Press - 🏆 7. / 72 Read more »
Source: eNCA - 🏆 49. / 51 Read more »